Global Smart Gas Market: Growing Demand for Energy Keeps Leading Players on Cutting Edge of Innovation, states TMR

The global smart gas market is highly competitive and fragmented in nature with the presence of a large number of players operating at various levels. Transparency Market Research (TMR) states that key players in this space are focusing on strategic collaborations and partnerships in order to increase their market penetration and sustain in the global smart gas market. This market is dominated by Itron Inc., Sensus Metering Systems Inc., Elster Group GmbH, General Electric, and EnerNOC Inc. and in 2014, these players collectively held a share of 67.73%. Technological advancements and the introduction of innovative products are the key factors that are expected to encourage the global smart gas market in the next few years.

According to the research study by Transparency Market research, in 2014, the global smart gas market was valued at US$944.67 mn. The market is expected to reach a value of US$10.5 bn by the end of 2023, registering a remarkable 32.20% CAGR between 2015 and 2023.

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Favorable Regulatory Framework to Encourage Growth of Europe Smart Gas Market

From a geographical viewpoint, the global smart gas market was led by North America in the last few years. However, according to a TMR analyst, Europe is expected to account for a massive share of 60.05% and lead the overall market by the end of 2023. The high growth of this region can be attributed to a significant contribution from Italy and the U.K. In addition, the favorable regulatory framework in several countries in Europe is expected to boost the smart gas market throughout the forecast period.

On the basis of technology, the meter data management segment is expected to lead the global smart gas market in the next few years, states a TMR analyst. This segment is projected to account for a share of 52.37% in the global market by the end of 2023, thanks to the growing preference of residential consumers for meter data management. On the other hand, the supervisory control and data acquisition (SCADA) segment is estimated to witness significant growth during the forecast period.

Rising Awareness Regarding Benefits of Smart Gas to Drive Global Market

The growing demand for energy security and preventing losses owing to gas theft are some of the crucial factors augmenting the smart gas market across the globe. In addition, the rising demand for cost efficiency by making use of smart gases, favorable government rules and regulations, and a rapidly rising energy demand worldwide are projected to accelerate the growth.

The introduction of several programs to create awareness among consumers regarding the benefits of smart gas is expected to push the number of installations in the coming years.

Requirement of Large Initial Investment to Hamper Growth

Despite the several benefits offered by smart gas, large initial investments required for the installation of smart gas systems is one of the primary factors curtailing the growth of the global smart gas market, states a TMR analyst. Nevertheless, a smart gas meter offers users an increased level of control over their electricity usage and provides them with a large number of choices to manage electricity bills and energy consumption. These factors are expected to fuel the global smart gas market in the near future.

The global smart gas market has been segmented as follows:

Global Smart Gas market, by Device Type

• Traditional Metering System
• Gas Warning Device
• AMI Communication Module

Global Smart Gas Market, by Technology

• Meter Data Management (MDM)
• Supervisory Control and Data Acquisition (SCADA)
• Geographic Information System (GIS)
• Others

Global Smart Gas Market, by End-use

• Residential
• Commercial and Industrial

Global Plastic Recycling Market: Stringent Regulations Aimed at Curbing Plastic Waste to Promote Plastic Recycling Worldwide, Says TMR

As a result of the advancements in superior cycling technologies, application of recycled plastics is poised to accelerate. In a report, titled “Plastic Recycling Market - Global Industry Analysis, Market Size, Share, Growth, Trends & Forecast 2016 – 2023” Transparency Market Research (TMR) delves into analyzing the various factors promoting the use of recycled plastics and how the same would influence the global plastic recycling market’s trajectory.

The report provides a comprehensive overview of the market covering definition of products and services it offers, segmentation based on diverse parameters, and vendor landscape. Besides this, an in-depth analysis of the various socio-economic factors having impact on the global plastic recycling market are studied as well. It is thus a compilation of relevant yet exhaustive data to help provide a holistic overview of the market to its stakeholders.

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For the purpose of the study, the report provides a comprehensive analysis of the market based on plastic types that are available commercially. Thermoplastic polymers and thermoset plastics are the two major groups currently holding dominance in the global plastic recycling market. The regional segments of the global plastic recycling market include Europe, Asia Pacific, the Middle East and Africa, North America, and Latin America.

The increasing demand from consumers followed by stringent regulations are expected to bolster the market’s growth. It is also expected to gain impetus from the advent of decision and recognition software and dependable detectors, which are considered major advancements in the plastic recycling technology ensuring improved productivity and efficiency. Furthermore, the market is expected to gain considerably from the increasing public awareness, which has encouraged manufacturers and local authorities alike to promote development of products using recycled plastics.

While the growth opportunities for the market seem promising, the implementation of policies to curb hazardous impact on environments can have a profound in the plastic recycling market. Nevertheless, research on technologies aimed at minimizing the environmental impact of plastic recycling is expected to fuel the market’s growth in the near future.

Some of the leading companies operating in the global plastic recycling market are PARC Corporation, B. Schoenberg & corporation, B & B Plastics Incorporation, Omni Resource Recovery, Maine Plastics Incorporation, APC Recycling, United Plastic Recycling, Custom Polymers Incorporation, Norwich Plastics, NAM Polymers, and others.

Besides profiling the aforementioned companies, the report analyzes the strategies adopted by these companies to establish their footprint in the global plastic recycling market. Using industry-leading analytical tools, the strengths and weaknesses of these companies are analyzed. The report will include the opportunities and threats that the companies profiled are likely witness in the near future.

Oil and Gas Hydraulic Equipments Market Global Market Opportunity Assessment Study 2023.

Increasing demand for energy has made the oil and gas exploration and production companies to search for new oil and gas reservoirs. These companies are willing to invest in drilling technologies to locate new offshore and onshore oil and gas reserves. As a result of such activities market for hydraulic equipments used in oil and gas application can see significant growth. Hydraulic equipments are used in jackup vessels, jackup platforms, floating production storage and offshore facilities (FPSO), catenary anchor leg mooring systems and pipelaying vessels. Moreover, the advancement in underwater technologies has enabled the companies to perform operations at greater depth that require the use of specialized hydraulic equipments. Owing to the advancement in technologies the companies are now able to perform drilling operations in deep and ultra-deep waters.

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The segmentation of the oil and gas hydraulic equipments market can be done by application area, type of application provided and geography. Hydraulic equipments used in the oil and gas application can be used to carry out both offshore and onshore oil and gas operations. However, offshore applications require greater investments due to the use of specialized hydraulic equipments. These equipments can be used for turret connect systems, turret mooring systems, buoy locking and buoy pulling systems, hawser reeling and hose reeling systems, jackup vessels, jackup platforms, floating production storage and offshore facilities (FPSO), catenary anchor leg mooring systems and pipe-laying vessels. Hydraulic systems can also be used for stinger shock absorption systems, stinger handling systems, cantilever skidding systems and special handling systems.

The regional segmentation of the oil and gas hydraulic equipments market can be done by identifying the countries with major offshore and onshore oil and gas reserves. Major onshore areas include the United States, Canada and Mexico in North America; Russia in Europe, India., Indonesia, Australia and China in Asia Pacific; Iran, Iraq, Saudi Arabia, Kuwait, Egypt, Angola, Libya and Nigeria in Middle East and Africa. The Rest of the World (RoW) segment includes the Latin American countries such as Venezuela and Brazil. Major offshore areas include offshore regions of Mexico and the United States in the Gulf of Mexico (GoM); offshore areas of the United Kingdom and the Norway in the North Sea and offshore deep water areas in West Africa and Brazil. Shale gas boom in the United States has lead to the increase in the demand for the hydraulic equipments in North America.

The increase in the oil and exploration and production activities, advancement in underwater exploration activities and shale gas discovery in the United States are the major drivers for the oil and gas hydraulic equipments market. Moreover, increasing investment by the exploration and production companies after the end of economic slowdown is another factor driving oil and gas hydraulic equipments market. The stringent government regulations and the capital intensive nature of the market are the major restraints to the market for hydraulic equipments used in oil and gas application. The expected oil and gas discoveries in West Africa and expected shale gas boom in Argentina can act as the opportunities for the oil and gas hydraulic equipments market.

Some of the key players in oil and gas hydraulic equipments market include companies such as HMS Group, Denley Hydraulics Limited, Aberdeen Dynamics, Inc., Allison Hydraulics Ltd and Accelerated Production Systems.

Global Oil Shale Market:Large Deposits of Oil Shale in U.S. to Propel Market at 27.34% CAGR By 2022

Oil shale denotes any sedimentary rock that contains solid bituminous materials and kerogen. These rocks release petroleum-like liquids upon heating through the chemical process. Volatile prices of crude oil have made governments and industries explore the commercial viability of oil shale-based oil production.

It is estimated that the global oil shale market will grow at a CAGR of 27.34% during the period from 2014 to 2022. The overall market generated revenue totaling US$1,134.60 million in 2013. With oil shale emerging as an alternative to conventional oil, revenue generated from the global oil shale market will reach US$7,400.70 million by 2022.

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Negative Environmental Impact of Mining Shale Oil to Restrain Global Oil Shale Market

Though oil shale is found in many places across the world, the largest deposits of oil shale are found in the U.S. in the Green River Formation, which covers parts of Utah, Colorado, and Wyoming. It is estimated that around 1.2 to 1.8 trillion barrels of shale oil is present in the Green River Formation range. The abundance of oil shale reserves with economic and non-economic benefits has driven the global oil shale market. Assurance of energy security to the countries lacking oil shale reserves has further propelled the overall market.

However, the relatively high cost of producing oil from oil shale has hindered ongoing oil shale mining activities. Mining and processing of oil shale also impacts the environment negatively. Disturbance of mined land, disposal of spent shale, use of water resources, greenhouse gas emissions, and negative impacts on air and water due to oil shale mining will negatively impact the global oil shale market.

The overall market has a huge opportunity to grow in the coming years with the commercialization of in-situ technology. Better technologies for the extraction of oil shale are expected to bring down the cost of oil shale. With the introduction of new technologies such as Red Leaf Resources’ In-Capsule Technology and Petrosix Technology, and new mining processes such as Kiviter process, Galoter process, and Fushun process, the price of oil shale is expected to reduce considerably.

Ex-situ Mining Process Yet to Achieve Commercial Viability

On the basis of mining processes, the global oil shale market has been classified into in-situ process or underground mining, and ex-situ process or surface mining. After mining, the oil shale is transported for retorting, which separates the oil fractions of oil shale from the mineral fraction. The present technologies involved in ex-situ retorting have not been commercially viable so far.

The global oil shale market has been divided into three major application segments: upgraded (diesel, kerosene, and jet fuels), non-upgraded (fuel oil), and electricity. Estonia is one of the major producers of electricity from oil shale. China are Jordan are also focusing to start oil shale power plants.

The global oil shale market has been divided into five key regions: Asia Pacific, Latin America, Europe, the Middle East and Africa, and North America. The large deposits of oil shale in the U.S. have led to the region’s substantial contribution towards the overall market.

Some of the key players in the global oil shale market are Chevron Corporation, BNK Petroleum Inc., Red Leaf Resources Inc., and Global Oil Shale Group Limited.

Unmet Electricity Needs to Drive Demand for Diesel Gensets in Kuwait, says TMR

As there are numerous established companies operating in the Kuwait diesel gensets market, the competition among the players is relatively high, reports Transparency Market Research in a new study. The competitive rivalry in the Kuwait diesel gensets market is further expected to intensify owing to the diverse range of products offered by the players and the strong brand placement. The three leading players in the market, Caterpillar, Cummins, Inc., and FG Wilson, held a combined share of 48% in the Kuwait diesel gensets market in 2013.

The Kuwait diesel gensets market was valued at US$53.6 mn in 2016 and is projected to rise to a market worth US$79.7 mn in 2023. The market is anticipated to expand at a 5.0% CAGR between 2014 and 2023. Rental gensets is likely to emerge as the key application segment in terms of consumption with an overall share of 64.12% in 2023. Owing to the numerous infrastructure projects being implemented in the country, the demand for rental gensets is likely to rise in the forecast period of 2014-2023. Rental gensets are extensively preferred by foreign companies undertaking infrastructure projects in Kuwait due to the maximum capacity of 1250 kVA offered by them.

On the basis of capacity, 500-2000 kVA gensets are likely to witness strong growth due to the mass adoption of high power diesel gensets in the country. The 500-2000 kVA gensets segment is expected to account for 60.08% of the overall share in 2023 in the Kuwait diesel gensets market. Large commercial complexes, refineries, other infrastructure facilities prefer the purchase of 500-2000 kVA gensets over renting them due to their high power needs.

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Shortage of Efficient Power Resources Indicate Lucrative Future Market for Diesel Gensets in Kuwait

To meet its power generation necessities, Kuwait extensively depends on fossil fuels. Presently, Kuwait is suffering from an extreme shortage of natural gas reserves; as a result, numerous power plants operating on natural gas fuel are looking for alternate solutions. Furthermore, the per capita consumption in the country is significantly high due to the subsidy provided by the government to lower the price of electricity. According to a TMR analyst, “The mounting consumption of electricity and lack of proper power generation have impelled consumers to shift towards power backup options.” Henceforth, the imbalance between demand and supply of electricity is likely to drive the demand for diesel gensets in the country.

Moreover, the easy availability of diesel at lower rates is further expected to augment the adoption of diesel gensets in Kuwait owing to the heavy subsidized rates of refined products such as diesel and kerosene.

Deployment of Renewable Energy Resources to Hinder Adoption of Diesel Fuelled Gensets

To meet the high power requirements of Kuwait, the government announced the addition of installed power generating capacity plants in the country. As a result of this, a large number of oil and gas power plants are likely to be set up over the next couple of years. With the construction of these high power plants, the gap between demand and supply of energy is likely to decrease in Kuwait. The first phase of the country’s energy development project of a 70 MW solar energy park is scheduled for completion by the end of 2016. Hence, the requirement for backup solutions will decrease leading to a shortage of demand for diesel gensets in the region.

Advent of New Technologically Advanced Gensets to Provide Lucrative Opportunities to Manufacturers

To increase their consumer base, many manufacturers of diesel gensets are investing in research and development projects for the development of technologically advanced gensets. Due to the extensive ongoing research, the introduction of hybrid gensets is likely to be an attractive potential energy solution for meeting high power demands. As hybrid gensets as designed to run on solar as well as diesel power, they are efficient in reducing the actual runtime of the conventional diesel gensets. Such advances are likely to present manufacturers with potential opportunities to capitalize on in future. The leading players are also entering into strategic acquisitions in order to lower the initial cost and produce advanced gensets.

Kuwait Diesel Gensets Market: Type Analysis

• Rental Gensets
• New Gensets

Kuwait Diesel Gensets Market: Capacity Analysis

• 0–75 kVA
• 75–500 kVA
• 500–2000 kVA
• Over 2000 kVA

Turbine Flow Meters for Subsea Applications Market is expected to rise at a remarkable CAGR By 2023

To operate an oil and gas facility efficiently reliable measurement and control appliances must be utilized during the operations. Turbine flow meters are designed to measure volumetric flow by responding to the viscosity of the respective fluid to be measured. Apart from viscosity, density and velocity of the fluid are the other major parameters which influence the measurement of the turbine flowmeters. These flow meters have been an effective flow measurement technology for the subsea industry. Turbine flow meters have several features which make them an excellent choice for subsea applications. The flow sensing element utilized in these flow meters are lightweight and compact compared to other metering technologies. As a result, these devices are usually preferred in subsea applications. Turbine flow meters are suitable for use on all low to medium viscosity fluids. These flowmeters are specifically designed for subsea operations at various depth levels. The market for turbine flow meters in subsea applications is expected to grow at a substantial rate owing to fast speed and high accuracy response of these devices.

The requirement of economic and accurate measurement equipments in the subsea industry is the major driver attracting investment in turbine flow meters market. The turbine flow meters are a proven technology which is much more economical as compared to other measurement techniques. The new cost pressures have led subsea oil and gas companies to adopt cost effective techniques in hydrocarbon facilities. As a result of this the market for turbine flow meters is predicted to grow along with the growing investment in subsea production technologies. Many companies offer customized turbine flowmeters to meet the extreme regulations associated with subsea applications. However, with the advancement in technology many new methods such as differential pressure based flow meters are developed which may hamper the growth of the market in future.

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The market for turbine flow meters in subsea applications can be segmented on the basis of flow range of subsea turbine flow meters. The manufacturing companies offer a range of subsea turbine flow meters which are selected based on the requirement of the operator and the characteristics of the fluid. On the basis of flow range the market can be categorized as 1.2-50 l/min, 50-250 l/min, 250-1100 l/min and 1100-2250 l/min. The length and operating pressure of the turbine flow meters may also vary depending upon the range of flow meters.

The increasing offshore production activities in Brazil and Africa region will provide the major market for turbine flow meters in subsea applications in the coming future. Planned expansion projects and the large offshore reserves of West Africa is one of the prospective regions for the growth of for turbine flow meters in subsea applications. The strict guidelines issued by government agencies in European nations will further attract investment in this market. The shallow water exploration projects planned in Europe are predicted to be the potential segment for the growth of the turbine flow meters market. The exploration companies in Asia Pacific are also increasing investment in FPSO and FLNG systems which would provide growth opportunities for turbine flow meters in subsea applications.

Some of the major companies offering turbine flow meters for subsea applications are Flowtechnik Ltd, Environmental Technologies Ltd., AW-Lake Company, Hoffer Flow Controls, Inc., Omni Instruments Ltd. and ABB Ltd.

Smart Gas Market - New Opportunities rising across the world; market to reach US$10.5 bn by the end of 2023

According to TMR, the global smart gas market stood at US$944.67 mn in 2014. Exhibiting a CAGR of 32.2%, the market is expected to reach US$10.5 bn by the end of 2023.

The smart gas market is currently booming and exhibits the presence of a large number of companies wanting to gain an early adopter advantage. Intense rivalry among the key market players has made the market’s vendor landscape highly competitive. Transparency Market Research (TMR) finds in a new report that the top three companies held over 54.8% of the market in 2014. Among these enterprises, Itron, Inc. held the dominant share of over 25% in the same year.

Products manufactured by the majority of the key players have similar designs and minimal differences in their engineering quality. This lack of evident product differentiation has resulted in the need to innovate if players are to gain in terms of sales. “The most prominent companies are mainly engaged in mergers and acquisitions to expand their presence in the global market,” notes the author of the TMR study. TMR projects the vendor landscape of the market to remain highly competitive through the forecast period from 2015 to 2025, as they continue following aggressive marketing strategies to strengthen their presence in the market.

Demand for Improved Efficiency in Gas Usage Bolsters Installation of Smart Gas Meters

Installation of smart gas meters improves the efficiency of gas usage. This is a key factor fuelling demand from the global smart gas market. International authorities and governments around the world have launched several programs to encourage the installation of smart gas meters across energy industries. The implementation of mandates for the reduction of carbon footprint and greenhouse gas emission also accelerates deployment of smart gas meters.

Additionally, the rising demand for energy security is likely to boost sales opportunities for smart gas meter manufacturers. Energy security is considered indispensable to prevent unintended interruptions in power supply. It also provides protection to electrical appliances during prolonged periods of power cuts, which bolsters its demand globally. “Smart gas meters offer end users with greater control over their electricity usage, providing them numerous options for managing their electricity consumption and bills. This is a key factor boosting sales of smart gas meters worldwide,” said a lead TMR analyst.

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High Initial Investment for Installation Limits Scope for Market’s Expansion

Despite the overall growth prospects for the market being positive, the high initial investments required for installing smart gas meters are limiting their installation especially across developing and less developed economies. The distribution cost of automation devices compatible with smart gas meters are higher as compared to the electricity meters. This emerges as a majot bottleneck for the market.

Besides this, the production from smart gas meters should be consistent and sufficient for the commercial sector to recover the cost incurred on their installation. Furthermore, absence of proper investment schemes and regulatory framework is also inhibiting the market’s trajectory in the Middle East and other emerging regions.

Demand for Gas-derived Energy in Asia Pacific to Bolster Deployment of Smart Gas Meters

Nevertheless, the expansion of gas driven energy market in Asia Pacific is expected boost growth opportunities for the smart gas market. Several governments in the region are gearing to roll out smart gas meters as a key initiative to curb emission of harmful gases. This augurs well for the market’s growth prospects.

The rising energy demand from countries such as Japan, South Korea, and Japan is also expected to boost installation smart gas meters across Asia Pacific.

By end use, the residential segment emerged as the market leader, holding a share of 73.85% in 2014. While the segment is expected to remain dominant through the forecast period, prospects for the market are also expected to gradually rise in the commercial sector as well. Regionally, North America dominates the global smart gas market. Based on revenue, it held over 54.41% of the market in 2014.

Key Takeaway:

• Smart gas market revenue to surpass US$10.5 bn globally by the end of 2023
• Accounting for over 73.85% of the market, the residential sector emerged as leading application segment in 2014
• North America was the largest market for smart gas in 2014 with a share of 54.41%

The report segments the global smart gas market as:

Smart Gas Market: By Device Type (USD Million)

• Traditional Metering System
• Gas Warning Device
• AMI Communication Module

Smart Gas Market: By Technology (USD Million)

• Meter Data Management (MDM)
• Supervisory Control and Data Acquisition (SCADA)
• Geographic Information System (GIS)
• Others

Accelerated Measures to Prevent Environmental Deterioration to Drive Biofuels Market, reports TMR

The global biofuels market is highly fragmented with no single player holding more than 10% of the global market for both biodiesel and bioethanol, finds Transparency Market Research (TMR) in a new report. This is due to the emergence of a large number of biofuel producers to cater to the increasing demand for biofuels following the spurt in oil prices. Some major players in the global biofuels market that operate across the value chain for both biodiesel and bioethanol are Archer Daniels Midland Company, Green Plains Renewable Energy, and Total S.A.

TMR analyst says, “Top players in this market are focused on tapping into underutilized markets and acquire state-of-the-art production units to capitalize the opportunities.” A case in point is ARfuels, wherein the company uses latest technologies to produce biodiesel that meets international standards. To capitalize on this, Shell Australia Limited opened a biodiesel facility that utilizes ARfuel’s biodiesel, which meets international standards.

Use of superior technology is another key growth strategy that top players in this market are focused on. This is mainly to use technology for the conversion of waste into biofuel at low cost. Maintaining strong ties with partner companies is also one of the key growth models that companies in this market are adopting. This helps companies to create a strong supply and distribution channel.

Economic Benefits of Biofuels to Attract Progressively Higher Investments

TMR analyst points out, “Stringent environmental regulations is one of the prominent factors promoting the use of biofuels.” The use of fossil fuels for running industries has been a major factor for environmental deterioration and rise in the Earth’s temperature. To address this, accredited environmental agencies and several governments around the world have formulated laws to control carbon emissions in the atmosphere. These are directly or indirectly related to the use of biofuels and other renewable sources of energy.

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Need for economic development is another key factor driving the growth of the biofuels market. The use of biofuels is not only less harsh on the environment, but also helps in economic development by providing employment.

Concerns related to energy security, in the long run, is also a major factor boosting the growth of the biofuels market. Due to depleting crude oil reserves and increasing concerns about energy security in the long run, several countries around the world are seeking alternate sources for transportation fuel.

Lack of Adequate Infrastructure for Biofuels Detrimental to Market Growth

Increasing conflict between farmers and biofuel developers is detrimental to the growth of the global biofuels market. With increasing demand for biofuels, vast areas of land that is used for food cultivation would eventually be used for cultivating cash crops for biofuels production. This will have an impact on food prices due to their reduced production.

The hindrances pertaining to the development, distribution, and retailing of biofuels is also challenging the market’s growth. The slow technological development for the utilization of biofuels and limited availability of biofuels stations is also challenging the market’s growth.

The global biofuels production is expected to reach 50,921.4 million gallons by 2019. North America is the leading market for biofuels due to the increasing awareness about the use of biologically derived fuels and stringent environmental regulations for burning fossil fuels. Europe is also a significant market for biofuels. However, the developing economies of India and China will emerge as significant markets for biofuels in the coming years.

The market is segmented as follows:

Biofuels Market: By Fuel Type

• Bioethanol
• Biodiesel

Biofuels Market: By Form Analysis

• Solid (fuel pellets, biochar, biocoal)
• Liquid (bioethanol and biodiesel)
• Gaseous (biogas, biopropane, syngas)

Global Circulating Fluidized Bed (CFB) Boilers Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023

Transparency Market Research (TMR) has announced the release of a new report on the global circulating fluidized bed (CFB) boiler market. The market is analyzed with respect to its geographical segmentation, product segmentation, its competitive landscape, and the key trends influencing its trajectory. The report, titled ‘Global Circulating Fluidized Bed (CFB) Boilers Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023,’ is available on TMR’s website for sale.

Circulating fluidized bed boilers are a relative new design of boilers and work in a similar fashion to the bellows employed by blacksmiths. Coal, which is the most commonly used fuel in boilers, is kept suspended in midair in circulating fluidized bed boilers by a jet of pressurized air flowing from underneath the furnace. Separate nozzles provide the streams of air that keep the coal suspended and ignite it, which increases the efficiency of circulating fluidized bed boilers. The increase in the efficiency and the savings that can be accrued cumulatively due to the use of circulating fluidized bed boilers have driven the global market for the same.

According to the TMR report, the global installed capacity of circulating fluidized bed boilers is expected to rise from 92 GWe to 241.9 GWe from 2014 to 2023, exhibiting an 11.25% CAGR between 2015 and 2023.

The primary driver of the global circulating fluidized bed boiler market is the higher reliability and efficiency of the technology in comparison to conventional boilers. CFB boilers also allow operators to use a range of fuels, which is a major upgrade over conventional boilers, which are designed according to the fuel to be used and thus can accommodate only a small range of alternative fuels. The global CFB boilers market is also driven by the increasing government support for technologies that cut down on the amount of pollutants generated during combustion.

According to product type, subcritical circulating fluidized bed boilers held a dominant 60% share in the global market in 2014. Other major product types in the global circulating fluidized bed boiler market are supercritical CFB boilers and ultra-supercritical CFB boilers. The report briefs the readers about each product segment of the market in 2014 and its expected performance till 2023.

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According to application, the oil and gas industry took up a 36% share in the global CFB boiler market. The oil and gas industry’s use of CFB boilers is trailed closely by the chemicals industry, which accounted for 34% of the global CFB boiler market in 2014.

The report also examines the performance of six major regional segments of the global circulating fluidized bed boiler market: China, Japan, and Australia, North America, Europe, Southeast Asia, India, and the rest of the world. The expected trajectory of the CFB boiler market in these regions from 2014 to 2023 is elaborated upon in the report.

In terms of competitive dynamics, the report profiles major players such as Alfa Laval AB, BHEL (Bharat Heavy Electricals Ltd.), Doosan Heavy Industries and Construction Co. Ltd., Babcock & Wilcox Enterprises, Inc., Thermax. Ltd., Harbin Boiler Engineering Co., Ltd., Alstom SA, DongFang Boiler Group Co. Ltd., Metso Oyj, Shanghai Boiler Works Co., Ltd., and Mitsubishi Heavy Industries, Ltd.

The global circulating fluidized bed boiler market is segmented as follows:

Circulating Fluid Bed Boilers Market: By Type

• Subcritical
• Supercritical
• Ultra-supercritical

Circulating Fluid Bed Boilers Market: By Application

• Oil and Gas
• Chemicals
• Manufacturing
• Others

Circulating Fluid Bed Boilers Market: By Region

• North America
• Europe
• China, Japan and Australia
• India
• South East Asia
• Rest of the World

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Coal Fired Power Generation Market to Register Positive CAGR of 3.1% Owing to Rising Demand from Industrial Sectors

A new Transparency Market Research report on the global coal fired generation market provides comprehensive statistic pertaining to the growth, size, and future forecasts for the market. The report is titled “Coal Fired Power Generation Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019” and is available on the company’s website for sale. The findings of this report project growth for the market at a positive 3.1% CAGR between 2013 and 2019. The global coal fired power generation market exhibited an installed capacity of 1,673.1 GW in 2012. The demand for coal fired power generation is mainly driven by high demand for electricity for an array of industrial, commercial, and residential applications. Such factors are likely to boost the overall capacity of coal fired power generation to 2,057.6 GW by the end of 2019.

The global power generation market is segmented in terms of technology, application, and geography, so as to present a critical analysis of how the various categories contribute to the overall growth of the market. In terms of technology, the global market for coal fired power generation is categorized into pulverized coal systems, cyclone furnaces, and others (fluidized bed combustion and coal gasification). Coal fired power generation finds key application in residential and commercial sectors. Geographically, the market can be segmented into North America, Europe, Asia Pacific, and Rest of the World.Of the key geographic segments, Asia Pacific dominated the market for coal fired power generation in 2012, accounting for a significant 56% share of the overall installed capacity registered by the market.

According to the report, the market for coal fired power generation in Asia Pacific is expected to grow exponentially during the forecast period. The construction of new plants for coal fired power generation across the region will pave the way for further expansion of the market. North America dominated the global coal fired power market in 2012 on the basis of revenue, accounting for 21% of the total market.

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On the basis of application, the commercial sector dominated the market with a 56% share of the global industry. The residential sector will register tremendous growth in the demand for solar and hydro power, thereby adversely affecting the demand for power generated from coal from the sector. Pulverized coal systems led the market in 2012, accounting for more than half of the total market. High availability of raw materials together with increasing demand for power drove the demand for pulverized coal systems in coal fired power generation market.

To present a detailed competitive analysis, the report includes an exhaustive section dedicated to key market players. Among the leading players of the market, China Huaneng Group, China Datang Corporation, Shenhua Group Corporation Limited, and KEPCO collectively held 22% of the global coal fired power generation market.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Smart Gas Market Segment Forecasts up to 2023, Research Reports:Transparency Market Research

Smart gas meter is a device that utilizes two-way communication between distributors, energy suppliers, energy consumers, and energy meters to provide first-hand information on gas usage. Smart gas meters primarily consist of communication modules, gas warning devices, flow control devices, data logging and measurement, data monitoring, and software.

International environmental mandates to reduce carbon footprints and greenhouse gas emissions are driving the adoption of smart gas meters across the globe. The underlying objective of energy security is being achieved through the adoption of smart gas meters in the residential, commercial, and industrial segments in various regions.

The smart gas market has been segmented on the basis of technology, end-user, and region. In terms of technology, meter data management systems held about 60% share of the smart gas market in 2014. Global estimates for 2014 show that residential consumers accounted for nearly 75% and commercial and industrial consumers accounted for the rest 25% of the market. This disparity is due to supportive incentive schemes offered for the installation of smart gas meters in residential buildings.

Rising demand for energy security and emphasis on reducing losses due to gas theft is boosting the smart gas market. Increasing acceptance of gas as a utility is also responsible for the growth of smart gas market globally. During the forecasted period of 2015-2023, growth potential of smart gas meters is likely to shift from North America to Europe followed by Asia Pacific, Central America, and the Middle East.

The smart gas market has been segmented into five regions: North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America. North America held largest smart gas market share of 64% in the year 2014.

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Regulatory mandates to reduce carbon footprint in Europe is the major driver for the growth of smart gas market in the region. Asia Pacific ranked third in terms of smart gas market growth in year 2014. In 2014, Middle and Africa showed slow growth, but it anticipated that environmental regulatory norms will boost the smart gas market growth in these regions. The smart gas market in South and Central America is currently witnessing slow growth. However, the Government of Brazil plans to rollout smart gas meters to prevent energy theft in the near future. It is expected that other economies in the region would follow suit. In Europe, France, the U.K., and Italy are anticipated to emerge as potential markets for smart gas during the forecast period.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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Global Sludge Dewatering Equipment Market to Exhibit 5.5% CAGR 2015-2023 owing to Stringent Regulatory Scenario

Transparency Market Research has announced the publication of a new market research report examining the global sludge dewatering equipment market. The report states that the market will expand at a healthy 5.5% CAGR over the period between 2015 and 2023. If the projections stand true, the market will rise from a valuation of US$3 bn in 2014 to US$4.8 bn by 2023. The report is titled “Sludge Dewatering Equipment Market, - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023” and is available on the company website for sale.

The report gives detailed insights into the overall past and present state of crucial elements of the global sludge dewatering equipment market, which features equipment used for the process of removing water from sludge. In the past few years, the constant rise in the overall production of sludge owing to favorable expansion of the global industrial sector, the mounting global population, and stringent regulations regarding treatment and disposal of sludge have led to a significant rise in demand for a variety of sludge dewatering equipment.

The report segments the global sludge dewatering equipment market on the basis of three criteria: technology, application, and geography.

Based on technology, the market has been segmented into screw press, rotator disc press, belt filter press, and centrifuges. Of these, the segment of centrifuges led the market in 2014, accounting for a share of over 34% in the global market.

On the basis of application, the global sludge dewatering equipment market has been segmented into industrial sludge and municipal sludge. Of these, municipal sludge accounted for a dominant 69% of the total global sludge produced in 2014. Industrial sludge accounted for the remaining 31%.

Based on geography, the market has been segmented into Asia Pacific, North America, Europe, and Rest of the World (RoW). Over the past few years, rising public concerns and tightening regulations related to environmental preservation have led to the construction of several new sludge treatment plants in regions such as Europe and North America. This has led to an increased demand for a variety of sludge dewatering equipment in these regions. Over the report’s forecast period, the market for sludge dewatering equipment is expected to see the highest growth in Europe, which was also the largest regional segment of the market in 2014 with a 35% stake.

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The report also presents a thorough account of the competitive landscape of the global sludge dewatering equipment market, wherein detailed business profiles, recent developments, business strategies, and finance-related details of some of the major players in the global dewatering equipment market scene are analyzed. Some of the major companies in the market profiled in the report are Atara Equipment Ltd., Alfa Laval Inc., Flo Trend Systems Inc., Bilfinger Water Technologies, Kontek Ecology Systems Inc., Wright-Pierce, Fournier Industries Inc., Dewaco Ltd., Komline-Sanderson, and Therma-Flite Inc.

The market has been segmented into:

Sludge Dewatering Equipment Market: By Technology

• Belt Filter Press
• Centrifuges
• Rotator Disc Press
• Screw Press

Sludge Dewatering Equipment Market: By Application

• Municipal Sludge
• Industrial Sludge

Sludge Dewatering Equipment Market: By Region

North America

• U.S.
• Canada
• Rest of North America

Europe

• U.K.
• France
• Germany
• Italy
• Portugal
• Spain
• Rest of Europe

Asia Pacific

• Australia
• China
• Japan
• Singapore
• Rest of Asia Pacific

Rest of the World

• South Africa
• Brazil
• Others

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip S

90 State Street, Suite 700

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Tel: +1-518-618-1030

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Propane Market Segment Forecasts up to 2022, Research Reports:Transparency Market Research

The propane market report by Transparency Market Research provides in-depth analysis of the global propane industry. The report divides the market on the basis of application and geography. It also provides the forecast and estimates for each application and region. The report analyzes demand and supply characteristics of the market by providing detailed forecast and analysis of revenue for the period 2014–2022.

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The propane market primarily includes six types of applications: residential, commercial, agricultural, industrial, transportation, and chemical & refinery. Stringent environment regulations and growing petrochemical industry are expected to be the major growth drivers for the propane market. Propane ranks as the fourth important source of energy for the residential segment. As an energy source, propane competes with electricity, natural gas and fuel oil on the parameters such as profitability, price and availability. In certain geographic areas, propane is comparatively cheap as compared to electricity. The residential segment was the largest consumer of propane globally, accounting for 32.57% of the global share in 2013. The share of the residential segment is expected to reach 30.47% by 2022. Propane is used in residential applications as a substitute fuel owing to low carbon emissions and safety. Propane-powered home appliances deliver high efficiency output and value compared to other energy sources. Chemical & refinery sector was the second-largest consumer of propane globally, accounting for 25.74% of the global share in 2013. The segment’s share is expected to reach 29.77% by 2022.

Asia Pacific, with growing population and booming transportation sector, is expected to dominate the market in the next few years. As infrastructure development and manufacturing activities in the region are increasing, the demand for propane is also expected to grow at constant rates throughout the forecast period. Both the chemical processing and petrochemical industries are likely to exhibit significant growth in demand for propane in the near future. Fuel competition in nations, which subsidize kerosene, hampers the demand for propane. Natural gas producing regions often sell natural gas at prices that are significantly lower than domestic propane prices, which hampers propane demand. Oversupply, undersupply and higher prices due to cold weather affect propane demand for limited periods. The U.S., Mexico and Canada favor adoption of propane in the transportation sector. Substantial growth in the industrial sector is fueling the transportation industry. This, in turn, is likely to boost the growth of the propane market in the next four to five years. Introduction of several emission norms have helped the propane market grow substantially in the recent years. Propane prices have decreased since the past few years and demand for propane from the petrochemical industry has increased substantially. Plans to build propane to propylene petrochemical facilities in various countries including China offer wide opportunities for the propane market during the forecast period. Increasing applications in petrochemical plants have accelerated the overall market growth of propane in the past few years.

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The report includes geographical regions such as North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. Every region has been further bifurcated on the basis of the application segments. Revenue forecasts and estimates for each product segment have been provided for the period 2014–2022.

The report also provides detailed analysis and revenue of companies such as Ferrellgas Partners, L.P., Lykins Energy Solutions, Marsh LP Gas Company Inc., Suburban Propane Partners, L.P., ThompsonGas and Sparlingss Propane Co. Ltd.

With the help of Porter’s Five Forces model, the report provides a detailed analysis of the various factors influencing the propane market. The analysis also helps understand the degree of competition prevalent in the market. Furthermore, the report analyzes the value chain and the various drivers and restraints of the global propane market.

Global Propane Market: Application Analysis

• Residential
• Commercial
• Industrial
• Agricultural
• Chemical & Refinery
• Transportation

Global Propane Market: Regional Analysis

North America

U.S.

Canada

Mexico

Europe

Germany

Turkey

Spain

U.K.

Rest of Europe

Asia Pacific

China

India

Japan

Rest of Asia Pacific

Middle East and Africa (MEA)

Saudi Arabia

Angola

Iran

Rest of Middle East and Africa

Latin America

Brazil

Rest of Latin America

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Mr.Sudip.S

90 State Street, Suite 700

Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

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